5028 Cypress Lake Dr · Lake Park, GA 31636

$304,900

3 bd · 2.0 ba · 2,201 sqft · SingleFamily public records · 82 Days on market

Built 1996 0.59 ac lot $139/sqft · 16% below area Est $361k · 16% under $13/mo HOA

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.5/15.0
• Cash flow +13.7/30.0
• Schools +4.7/10.0
• DSCR +4.1/10.0
• 1% rule +3.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

Key facts

• 0.59 acre lot
• Garage
• Pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $305k.

Deal economics

• At list price, monthly cash flow is $23 ($280/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $260k (14.7% below list).
• Recommended offer: $260k (14.7% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 3.9% in Lake Park — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 69/100 on livability (#119 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A; Watch: schools D+, amenities F, commute F.
• Lowndes County (rural): math 59% / reading 52% proficiency, ranked #8 of 174 in GA (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 83 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 896 units permitted in Lowndes County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Lowndes County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 82 days — a 6% lower offer ($287k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $250k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $260,000 (14.7% below list)

Questions for the listing agent

1. It's been on market 82 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 6.38%
• Cash-on-cash: 0.33%
• DSCR: 1.01
• GRM: 9.8

CMA / ARV

• ARV (median comp): $360,829
• List price: $304,900
• Delta: -15.50%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5035 Cypress Lake Dr	0.06mi	3/2.5	2,377 (+8%)	10mo	$390,000	$164	73
5417 Baobab Ln	0.17mi	4/2.5 (+1)	2,268 (+3%)	12mo	$311,500	$137	70
5277 Cypress Dr	0.41mi	4/2.0 (+1)	2,233 (+2%)	6mo	$392,900	$176	69
5081 Cypress Lake Dr	0.29mi	3/2.5	2,077 (-6%)	9mo	$320,000	$154	67
5528 Acacia Pl	0.31mi	3/2.5	2,405 (+9%)	4mo	$340,000	$141	65
5406 Baobab Ln	0.11mi	4/3.0 (+1)	2,410 (+10%)	15mo	$340,000	$141	58
5611 Nutmeg Cir	0.26mi	4/3.0 (+1)	2,045 (-7%)	13mo	$375,000	$183	56
5533 Acacia Pl	0.35mi	4/2.5 (+1)	2,061 (-6%)	15mo	$357,000	$173	54
5506 Ponciana Ln	0.18mi	4/3.0 (+1)	2,030 (-8%)	19mo	$370,000	$182	53
5548 Acacia Pl	0.31mi	4/2.5 (+1)	2,040 (-7%)	16mo	$355,000	$174	53
5311 Bougainvillea Pl	0.49mi	4/2.5 (+1)	2,365 (+8%)	10mo	$420,000	$178	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.44×
• Total profit: $-47,930
• Equity at exit: $45,462

10-year hold

• IRR: -7.4%
• Equity multiple: 0.53×
• Total profit: $-39,857
• Equity at exit: $26,362

Cash invested: $85,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 31636

• Home prices YoY: -13.6%
• Active inventory: 83
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,600 medium
• Mortgage (P&I): −$1,599
• Tax from tax record: −$292 /mo · $3,501/yr
• Insurance: −$127
• HOA: −$13
• Vacancy / Maint / Mgmt: −$546
• Net cashflow: $23

Break-even live

Break-even rent $2,571

Max offer price $304,900

Occupancy floor 94%

Sensitivity live

Price	-10% $196	-5% $110	+0% $23	+5% $-63	+10% $-149
Rent	-10% $-182	-5% $-79	+0% $23	+5% $126	+10% $229
Rate	-1.0pp $177	-0.5pp $101	base $23	+0.5pp $-56	+1.0pp $-136

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $76,225
• Closing costs: $9,147
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5521 Ponciana Ln Lake Park, GA	4.0	2.5	2002	$2,600	$1.30	21d	1	0.25mi

HOA detail

• Monthly dues: $13 · $156/yr
• Likely covers: pool

Listing history 23 events

1. 2026-06-05
   statusdays on market $304,900 Under Contract 82 DOM
2. 2026-06-03
   days on market $304,900 Active 81 DOM
3. 2026-06-02
   days on market $304,900 Active 80 DOM
4. 2026-06-01
   days on market $304,900 Active 79 DOM
5. 2026-05-31
   days on market $304,900 Active 78 DOM
6. 2026-05-30
   days on market $304,900 Active 77 DOM
7. 2026-05-18
   status Back On Market 1829-char remark

   Show marketing remark (1836 chars)

   Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential// If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer—it's time to make this Cypress Lakes gem shine again!

8. 2026-05-18
   status Active 1836-char remark

   Show marketing remark (1836 chars)

   Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential// If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer—it's time to make this Cypress Lakes gem shine again!

9. 2026-05-08
   status Pending 1836-char remark

   Show marketing remark (1829 chars)

   Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

10. 2026-05-08
    status Under Contract 1829-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

11. 2026-05-07
    status Active 1836-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

12. 2026-05-07
    status Back On Market 1829-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

13. 2026-04-24
    status Under Contract 1829-char remark

    Show marketing remark (1836 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential// If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer—it's time to make this Cypress Lakes gem shine again!

14. 2026-04-24
    status Pending 1836-char remark

    Show marketing remark (1836 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential// If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer—it's time to make this Cypress Lakes gem shine again!

15. 2026-04-02
    price $304,900 1836-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

16. 2026-04-02
    price $304,900 1829-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

17. 2026-02-20
    listed $319,900 Active 1836-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

18. 2026-02-20
    listed $319,900 New 1829-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

19. 2026-02-19
    historical $319,900 1829-char remark

    Show marketing remark (1829 chars)

    Diamond in the Rough: Spacious Corner-Lot Home with Endless Potential // If you have an eye for design and the vision to see past the surface, this is the opportunity you've been waiting for. Situated on a generous 0.69-acre corner lot in the established Cypress Lakes neighborhood, this 3-bedroom, 2.5-bathroom home offers over 2,200 square feet of potential just waiting to be unlocked. // Being sold strictly as-is, this property is the perfect "sweat equity" project for an investor or a homeowner looking to customize their dream residence at a fraction of the cost of a turnkey home. // The Highlights: Premium Upgrades & Infrastructure: Peace of mind is already built-in. The home features a high-end Trane XL20i heat pump system and a whole-home generator, ensuring you're never without power or comfort. // Private Oasis: The expansive backyard is anchored by a marcite pool, offering the perfect foundation for a luxury outdoor entertainment area once it's refreshed. // Spacious Layout: Enjoy a floor plan designed for living, including a formal dining room with tray ceilings, a large kitchen with a center island and breakfast bar, and a dedicated laundry/mudroom with ample cabinetry. // Architectural Detail: With arched windows, vaulted ceilings, and classic columns on the front porch, the "bones" of this home are beautiful. A simple update of paint, flooring, and modern fixtures will transform these spaces instantly. // Located in a quiet area south of Valdosta but still close to local amenities, this home offers the rare chance to buy into a great neighborhood and build instant equity. Whether you're looking to flip or plant roots, this is a steal that won't last long. // Bring your tools, your vision, and your offer-it's time to make this Cypress Lakes gem shine again!

20. 2021-11-12
    soldstatus $250,000
21. 2014-12-01
    soldstatus $199,900
22. 2004-01-29
    soldstatus $218,000
23. 1996-10-31
    soldstatus $17,100

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $3,501 · $292/mo
• Projected year-2 tax: $3,501 · $292/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 14 unhealthy d/yr today · 14 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,200
• − Mortgage interest: −$17,079
• − Property taxes: −$3,501
• − Insurance: −$1,524
• − Repairs & maintenance: −$2,496
• − Management: −$2,496
• − HOA: −$156
• − Depreciation: −$8,870
• Taxable loss: −$4,922
• Est. tax savings @ 24.0%: +$1,181
• After-tax cash flow: $1,461/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lowndes County
• NCES district ID: 1303390
• Math proficiency: 59% ▼ -1.00%
• Reading proficiency: 52% ▼ -2.00%
• Median HH income: $48,221
• Composite: 47.21/100
• National rank: #2317
• State rank: #8 of 174 in GA

Livability — Lake Park

• Score: 69/100
• State rank: #119
• US rank: #8632

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment F Housing B- Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 11,184

Population outlook (Lowndes County) Hauer SSP2

• Today (2025): 120,348 people
• By 2030: 123,469 · +2.6%
• By 2040: 128,482 · +6.8%
• By 2050: 131,907 · +9.6%
• By 2075: 139,080 · +15.6%
• By 2100: 133,649 · +11.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Black 18% Hispanic / Latino 11% Two or more races 8% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 2%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 91% English-only · Spanish 7% Other Asian/Pacific 1% Other Indo-European 0%

Political lean MEDSL · Lowndes

• 2024 margin: R (+18.0) · D 40.8% · R 58.8%
• 2008→2024 swing: -8.6pp toward R · 2008: -9.4pp · 2024: -18.0pp
• All cycles: 2024: R+18.0 2020: R+12.0 2016: R+18.2 2012: R+10.5 2008: R+9.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.27%
• Current HPI: 205.6279
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+1683.0% since first listed

17 events — show timeline

• 2026-05-18 Relisted — GAMLS
• 2026-05-18 Relisted — SGMLS
• 2026-05-08 Pending — SGMLS
• 2026-05-08 Pending — GAMLS
• 2026-05-07 Relisted — SGMLS
• 2026-05-07 Relisted — GAMLS
• 2026-04-24 Pending — GAMLS
• 2026-04-24 Pending — SGMLS
• 2026-04-02 Price Changed $304,900 SGMLS
• 2026-04-02 Price Changed $304,900 GAMLS
• 2026-02-20 Listed $319,900 SGMLS
• 2026-02-20 Listed $319,900 GAMLS
• 2026-02-19 Coming Soon $319,900 GAMLS
• 2021-11-12 Sold (Public Records) $250,000 Public Records
• 2014-12-01 Sold (Public Records) $199,900 Public Records
• 2004-01-29 Sold (Public Records) $218,000 Public Records
• 1996-10-31 Sold (Public Records) $17,100 Public Records

Property tax history

+5.0%/yr

Latest (2025): $3,501 · +18.3% YoY. Source: county tax records.